FOR THE PROPOSED ACQUISITION OF 10,000 ORDINARY SHARES REPRESENTING 50% OF THE TOTAL ISSUED AND PAID UP SHARE CAPITAL IN HK AEROSPACE BEIDOU NEW ENERGY INDUSTRY TECHNOLOGY CO LTD (“HK AEROSPACE”)Share Purchase Agreement • October 6th, 2020
Contract Type FiledOctober 6th, 2020Reference is made to Hua-An’s announcement on 7 August 2020 in relation to the Share Purchase Agreement dated 7 August 2020 entered into between the Company with Dr. Wan Muhamad Hasni Bin Wan Sulaiman, Nong You Hua, Satriya Bin Suetoh (collectively referred to as the “Existing Vendors”) for the proposed acquisition of 20,000 ordinary shares in HK Aerospace, representing the entire equity interest in HK Aerospace, for a total purchase consideration of USD25.0 million (“SPA”).